Elliot Wave B then C on 4hr

25 apr

To confirm a low is in and Wave B’s final leg is starting:

✅ 15M CHoCH – Price must break previous lower high (LL > HL shift).

✅ Bullish volume surge on breakout.

✅ Higher low retest (entry zone).

✅ RSI breaks above 50.

This would line up with a reversal inside your 4H Demand/Reaction Block, adding confluence from both timeframes.

1 mag

Trade chiuso manualmente

I have closed my trade manually. I did see that wave C is shallow as it reached 0.38 fib level and entered a sell. I just closed it when I saw the rejection on the 4hr from a Demand zone.